Q.

Which of the following statements about ABC analysis is false?

A. ABC analysis is based on presumption that controlling the few most important items produces the vast majority of inventory savings
B. In ABC analysis “A” items are tightly controlled , have accurate records ,and receive regular review by major decision makers
C. In ABC analysis “c” items minimal records , periodic review , and single control
D. ABC analysis is based on the presumption that all item must be tightly controlled to produce important cost savings
Answer» D. ABC analysis is based on the presumption that all item must be tightly controlled to produce important cost savings
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